The explosion of payment/transfer options in US online banking is basically because there is a vast menu of combined authentication and pricing schemes. So we e

The explosion of payment/transfer options in US online banking is basically because there is a vast menu of combined authentication and pricing schemes. So we end up with dozens of awkwardly branded, difficult to use, expensive products, some of which you can only use between accounts at the same bank. Now that most banks offer mobile deposits, personal checks are the best money transfer product.